Opeyemi is a dedicated writer with a deep passion for the world of cryptocurrency. Despite not initially choosing the digital asset industry, Opeyemi found himself drawn to it over two years ago and has since immersed himself in unraveling the complexities of blockchain technology. His enthusiasm for cryptocurrencies is evident in his daily routine of
Russia is considering the establishment of two crypto exchanges in Moscow and St. Petersburg to facilitate foreign economic activities. These exchanges will serve as hubs for international trade and are expected to initially cater to a limited number of users. However, the goal is to eventually make them accessible to major firms, including exporters and
After falling victim to a cyberattack on July 18, India-based crypto exchange WazirX had to suspend all trading and withdrawal activities to assess the damage. The hack resulted in the theft of a significant amount of ERC-20 tokens, valued at over $235 million at the time. This theft created a shortfall for the exchange, leaving
Despite the sluggish performance of XRP in terms of price, a crypto analyst by the name of Javon Marks has made bold predictions regarding the potential price breakout for the native token of the XRP Ledger. Marks believes that XRP could see an impressive surge of up to 42,263%, reaching a target price of $280
The DeFi Education Fund and the Blockchain Association have united to challenge the Securities and Exchange Commission’s (SEC) Consolidated Audit Trail (CAT). The main argument presented in their amicus brief focused on the significant privacy and security concerns posed by the CAT, especially for participants in the digital asset market. They claimed that the CAT
In a recent development, a US federal judge has denied crypto exchange Kraken’s request to dismiss the lawsuit filed by the Securities and Exchange Commission (SEC) over allegations of operating an unregistered securities exchange. This decision comes after Kraken requested a dismissal of the case filed by the SEC in November. The regulator’s complaint accused
The XRP price is currently hovering around the $0.60 mark, which is seen as a psychological barrier for many traders. Despite the general market uncertainty, XRP has shown interesting price movements that have caught the attention of many cryptocurrency enthusiasts. While some investors are still bearish on XRP, there are others who are anticipating a
The month of August brought significant volatility to the Bitcoin market, with the cryptocurrency experiencing multiple crashes throughout the month. The first week of August saw a 30% crash in the price of Bitcoin, leading to a market-wide decline that particularly affected altcoins. While there has been some recovery since then, the Bitcoin price has
The Indian government is taking a proactive approach towards regulating the crypto sector by introducing comprehensive regulations. It has been reported that the government is gearing up to release a consultation paper in the coming weeks to solicit feedback from stakeholders. This initiative underscores the government’s commitment to establishing a regulatory framework for digital currencies
Coinbase recently announced its support for the Ethereum layer-2 network Polygon’s upcoming token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). The exchange is set to begin migrating the Polygon ticker from MATIC to POL starting August 26th. The migration process from MATIC to POL will be completed by Coinbase on behalf